September Nasdaq 100 E-Mini futures (NQU26) are up +0.40% this morning as investors bought the dip in technology stocks after a brutal selloff in the previous session.
Nasdaq 100 futures were supported by a rebound in chip and AI infrastructure stocks. Arm Holdings (ARM) advanced over +4%, Micron Technology (MU) rose more than +3%, and Intel (INTC) gained over +2%. Still, investors’ dip-buying was less aggressive than after previous selloffs amid some caution ahead of quarterly results from memory chipmaker Micron Technology, which will provide a fresh read on the outlook for AI spending.